I'm thinking it's answer B: 29,000. But I'm not sure Information for Mozart Company's...
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Accounting
I'm thinking it's answer B: 29,000.
But I'm not sure
Information for Mozart Company's first year of operations is presented below: Expenses Retained Earnings 12/31/20XX Dividends $ 47,000 22,000 7,000 What was Mozart's net income for the year? A. $22,000 B. $29.000 C. $54.000 D. Cannot be determined from the information given
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